Glossary of M1 NXT

Limited Liability Partnership

A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the legal and financial protections associated with incorporated entities. Under the Limited

Board Resolution

A Board Resolution is a formal, legally recognised decision passed by the Board of Directors of a company under the Companies Act, 2013. In essence, it serves as the official

DOA (Deed of Assignment) vs NOA (Notice of Assignment)

Deed of Assignment (DOA) measures the average number of days invoices remain outstanding before payment is received. It is a liquidity indicator, a reflection of how long capital remains tied